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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income per the Consolidated Statements of operations $ 10,570 $ 10,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Net (gain) loss on sale of loans originated for sale (12) (2)
Net gain on sale of investment securities available-for-sale (110) 0
Net gain on trading securities (100) (106)
Net depreciation and amortization 720 677
ESOP compensation expense 286 275
Stock plan compensation (excluding ESOP) 599 523
Provision for loan losses 157 1,457
Write down of OREO 180 0
Credit to reduce the liability for loans sold with recourse (92) 0
OTTI charge for investment securities recognized in earnings 0 181
Increase in cash surrender value of Bank Owned Life Insurance (413) (421)
Deferred income tax provision (credit) 55 (93)
Excess tax benefit of stock plans (71) (91)
Changes in assets and liabilities:    
Origination of loans held for sale (1,393) (1,137)
Proceeds from sale of loans held for sale 1,496 3,716
Decrease in other assets 1,900 697
Increase in other liabilities 4,507 4,322
Net cash provided by operating activities 18,279 20,245
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from principal repayments of investment securities held-to-maturity 279 176
Proceeds from calls and principal repayments of investment securities available-for-sale 14,750 90,320
Proceeds from sales of investment securities available-for-sale 366 0
Proceeds from sales of trading securities 131 0
Purchases of investment securities available-for-sale (372) (39,758)
Purchases of mortgage backed securities available-for-sale 0 (23,186)
Purchases of trading securities (135) (6)
Principal collected on mortgage backed securities available-for-sale 5,911 10,335
Purchases of loans (3,750) (2,178)
Proceeds from the sale of portfolio loans 4,079 12,664
Net (increase) decrease in loans (41,817) 27,401
Purchases of fixed assets, net (253) (505)
Redemption of FHLBNY capital stock 4,275 2,475
Net cash (used in) provided by investing activities (16,536) 77,738
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in due to depositors 121,886 43,428
Net increase in escrow and other deposits 36,699 38,162
Decrease in REPOS 0 (40,000)
Repayment of FHLBNY advances (95,000) (55,000)
Cash dividends paid (4,881) (4,767)
Exercise of stock options 2,062 592
Excess tax benefit of stock plans 71 91
Net cash provided by (used in) financing activities 60,837 (17,494)
INCREASE IN CASH AND DUE FROM BANKS 62,580 80,489
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD 79,076 44,260
CASH AND DUE FROM BANKS, END OF PERIOD 141,656 124,749
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 7,623 8,200
Cash paid for interest 11,998 18,696
Loans Transferred to Held for Sale 0 1,000
Transfer from Other Real Estate 765 0
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 34 46
Net decrease in non-credit component of OTTI (4) (3)
Defined benefit plan adjustments, net of taxes of $256 during the three months ended March 31, 2012 $ 0 $ 312